The Novus application is based on Machine Learning(AI) and Human Intelligence(HI) focused on predicting future events based on past data collection, human emotions and future events.
The human emotion is facing many challenges, but one can also strengthen one another.
The Novus application provides a convenient infrastructure for each participant to face such challenges and resulting in giving better forecasts.
There are four elements required to form a wise crowd: diversity of opinion, independence, decentralization and aggregation.
Diversity of opinion; each person should have private information regarding the subject e.g. a person with a marketing degree knows more about a market subject.
Independance; Each persons opinion should be based on his beliefs, being influenced by other individuals participating in the same crowd is countereffective.
Decentralization; Each person should formulate their opinion and draw their conclusion based on local knowledge.
Aggregation; Some mechanism exists for turning private judgments into a collective decision.
Hybrid Interaction, the computer structures the request and creates the environment, which a participant then decides to choose the answer. Because a human always audits the final outcome, the system optimizes for a more accurate response, leveraging what the computer is best at and combining it with the judgment and intuition of the participant.
Ongoing Bounty Program: https://t.co/eOnygBz9So
Bitcointalk ANN Thread: https://t.co/N72hS9pIiA
Twitter: twitter.com/group_novus
Exchange: Waves Platform